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Smurthwaite Sold Up?

Smallthorne Dog

By Smallthorne Dog
in Port Vale present

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Jacko51 Veteran

Jacko51

Posted
Posted
He will undoubtedly get it back one way or another given the size of the club. If you don't think so I will be utterly amazed.

 

He will get back what the club is worth. And it's worth more now than when he bought it. That doesn't apply to every club though.

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Iron Curtain Veteran

Iron Curtain

Posted
Posted
Norman has done a decent job, people need to get off his back! I don't blame relegation on Norman in fact I am great full Port Vale still exists!

 

No he hasn't, no they don't, I do... I hope they still do when he has finished with this madness.

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Iron Curtain Veteran

Iron Curtain

Posted
Posted
That doesn't mean he's selling it now. He will get it back irrespective he's a canny business man.

 

He will get all his money back if the club is worth more than the loans he has put in.

 

I don't know what Newcastle is worth, but as a premier league club that's probably the case.

 

Problem we have is that Smurf is trying to get his money back on a club worth less than his loans. So he has just built them into his valuation. Which doesn't make sense.

 

For the avaoodance of doubt. Businesses are valued on their assets not their debts.

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Mario Enthusiast

Mario

Posted
Posted
You know he will get it back' date=' you just can't bring yourself to say it [/quote']

 

Robert seriously I'm getting worried about you,I have dipped into OVF all day and you are posting every 10minutes 12 hours is enough now go to bed.

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Regal Beagle Mentor

Regal Beagle

Posted
Posted
Apparently the club have been planing for L1 & L2.So once the final whistle is plan the relative plan should be put into operation.

 

Maybe it has for all we know? There's rumours of restructuring and other rumours of investment/sale so it sounds to me that something is going on.

 

I don't think it's particularly sensible to release players less than 24 hours after relegation is confirmed and I certainly don't think it is going to hamper us in way shape or form.

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